(SI Newswire) SEATTLE, Wash. - Perkins Coie LLP acted as outside counsel for Outerwall Inc. (NYSE: OUTR), in the completion of its acquisition by affiliates of certain funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo") (NYSE: APO), a leading global alternative investment manager. The Apollo Funds acquired outstanding shares of Outerwall common stock for $52.00 per share in cash, in a transaction with a total enterprise value of approximately $1.6 billion, including net debt. The transaction closed today.
The Perkins Coie team was led by Seattle partners Jens Fischer, Lance Bass and Lynn Hvalsoe.
Please click here to read the Outerwall / Apollo Global Management press release.
About Perkins Coie: Founded in 1912, Perkins Coie LLP has more than 1,000 lawyers in 19 offices across the United States and Asia. The firm provides a full array of corporate, commercial litigation and intellectual property legal services to a broad range of clients, from FORTUNE 50 corporations to emerging growth startups, as well as public and not-for-profit organizations.